About: Statoil
European oil majors better prepared for energy transition than US, Chinese counterparts
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
Oil exploration continues unabated in Europe, despite Paris goals
As world leaders prepare to meet for UN climate talks in Bonn, it may come as a surprise that firms are lining up to drill, at great expense, in Europe’s northern waters where output has peaked years ago.
Giant Libyan oilfield closed as gunmen press demands
An armed group forced Libya’s massive el-Sharara oilfield to close late on Sunday (1 October), shutting off production of more than 230,000 barrels per day (bpd), the head of the state oil company said.
Under Pressure: Climate change and the future of the oil and gas industry
The Norwegian oil and gas giant Statoil presented its latest Energy Perspectives report earlier this month, drawing up three possible scenarios for global energy-related emissions up to 2050.
Decoupling energy from GDP growth ‘might be impossible’, Statoil says
The Norwegian oil and gas giant presented its latest Energy Perspectives report in Brussels today (15 June), stressing the need to dramatically reduce global energy consumption as EU member states continued to squabble about the bloc’s energy savings objectives for 2030.
Europe’s energy big six say gas must help in the fight against climate change
The bosses of Europe’s six largest energy companies, including BP and Shell, have said gas should play a vital role in plans to tackle global warming, in a rare public intervention aimed at influencing UN talks.
Statoil discloses its payments to governments
On 19 March, Norwegian oil and gas company Statoil disclosed the sums it paid to governments in 2014.